384: How Red Robin’s Waiter of the Year Built MULTIPLE 9-Figure Businesses
BiggerPockets Money13 Helmi 2023

384: How Red Robin’s Waiter of the Year Built MULTIPLE 9-Figure Businesses

Every entrepreneur wants to build a nine-figure business. Even a million dollars in revenue seems like a dream to the everyday American. So how did a Red Robin waiter, making five-dollar tips, leave college to start one of the fastest-growing real estate businesses in the country? Even better, how did he do it multiple times, creating not one, not two, but a group of entrepreneurial endeavors that casually bring in over nine figures each year? If you want to hear his system to success, you’ll have to stick around.

James Dainard didn’t know much about real estate before college. After his roommate (and now business partner) started door knocking for local wholesalers, James decided to give it a try. He was miserable at it, barely getting a single deal done before leaving college. But, when offered a cushy six-figure salary, James declined, knowing that there were still riches to be made in real estate, but only if he worked smart.

Fast-forward fifteen years and James owns a slew of real estate-related companies. From a luxury house flippingbusiness to hard money lending, a successful brokerage, a real estate development firm, and more, James didn’t just master one business—he mastered anything he could get his hands on. The best part? You can do this too! James drops some time-tested gems on starting, building, and scaling a business that will allow you to grow at an almost unbelievable rate like he did.


In This Episode We Cover

Why James declined a $200K salary (out of college) to make a business-bet on himself

Door knocking, wholesaling, and the BEST ways to make money as a college student

Frugality, keeping expenses low, and the massive benefit of reinvesting every dollar you have

Hard money lending, real estate syndications, and other highly-profitable businesses most investors are unaware of

Structuring your team and how to scale your business even if you don’t have leadership experience

The struggles of being a CEO and what to do when your strategy isn’t working

Why every business needs a “quarterback” and a “coach” to succeed

And So Much More!


Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Scott's Instagram

Mindy's Twitter

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Subscribe to The “On The Market” YouTube Channel

Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

Check Out Mindy’s 2022 Live Spending Tracker and Budget

On The Market

Financial Freedom Through Small Life Changes and a Modest Real Estate Portfolio

How to Become an “Overnight” Success in 10 Short Years with David Greene


Click here to check the full show notes: https://www.biggerpockets.com/blog/money-384

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Learn more about your ad choices. Visit megaphone.fm/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(791)

Is Coast FI Riskier Than Traditional FI?

Is Coast FI Riskier Than Traditional FI?

In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Evan Lawler take a closer look at Coast FIRE and what it really means to stop aggressively saving for retirement while still workin...

16 Syys 27min

Aswath Damodaran: Why AI Needs $10 Trillion in Revenue to Work

Aswath Damodaran: Why AI Needs $10 Trillion in Revenue to Work

In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Scott Trench sit down with Professor Aswath Damodaran, one of the world’s leading experts on valuation and a professor of finance a...

15 Syys 1h 10min

How She Built a $1 Million Net Worth and Quit Her Job Before 35

How She Built a $1 Million Net Worth and Quit Her Job Before 35

Two years ago, Alex Preziosi came to the BiggerPockets Money Podcast with one big question: should she quit her W-2 job and go all-in on real estate? Fast forward to today, and she's left behind her b...

11 Syys 51min

How to Buy a Franchise: What You Need to Know Before Investing

How to Buy a Franchise: What You Need to Know Before Investing

In this episode of the BiggerPockets Money podcast, Scott Trench is joined by Alex Smereczniak of Franzy to break down how to buy a franchise, what franchises actually cost, who is best suited for fr...

8 Syys 47min

Both Own Liquor Stores. One Makes $300K. The Other Makes $2.5M. What Went Wrong?

Both Own Liquor Stores. One Makes $300K. The Other Makes $2.5M. What Went Wrong?

In this episode, Ashley Kehr and Tim Delaney share their very different experiences owning and operating liquor stores, from starting a business during COVID to buying an existing store and dealing wi...

4 Syys 53min

The Brutal Cost of $50M in Real Estate by Age 31

The Brutal Cost of $50M in Real Estate by Age 31

In this episode of the BiggerPockets Money Podcast, Nic Morales shares how his experience working for the NFL led him into real estate investing and ultimately to managing a $50 million portfolio. He ...

1 Syys 53min

5 Kids, Modest Income, and $1M Net Worth in 7 Years

5 Kids, Modest Income, and $1M Net Worth in 7 Years

In this episode of the BiggerPockets Money Podcast, Dave shares how he and his family went from no real savings to building more than $1 million in net worth in just seven years while raising five kid...

28 Elo 51min

Starting From Zero at 50: How to Build $1M by 65

Starting From Zero at 50: How to Build $1M by 65

In this episode of The BiggerPockets Money Podcast, we explore how someone starting from zero at age 50 can build wealth and potentially reach a $1 million net worth by 65. We break down a realistic 1...

25 Elo 40min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
vallattomat
psykopodiaa-podcast
rss-rahapodi
mimmit-sijoittaa
rss-oivalluksia-rahasta-elamasta
ostan-asuntoja-podcast
lakicast
rss-paasipodi
hyva-paha-johtaminen
oppimisen-psykologia
rss-rahamania
rss-inderes
rss-karon-grilli
juristipodi
rss-pinnan-alle
pomojen-suusta
rss-porssipodi
sijoitusovi-podcast
rss-alanvaihtajat